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Global Farm Tractors Market

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Global Farm Tractors Market was valued US$ xx Mn. in 2019 and the total revenue is expected to grow about CAGR 4.2% from 2020 to 2027, reaching nearly US$ xx Mn.

 

Global Farm Tractors Market

 

Global Farm Tractors Market: Overview

Global Farm Tractors Market witness the growth in global farm industry witnessing production concerns, demand for food is increasing, inadequate arable land, water scarcity, growth in population, and soil fertility degradation. Rising need on the mechanization innovation, expected to improve the efficiency of farmlands.

Increase in need for operational profitability & efficiency, rising cost of labor, and market growth is driving owing to trend of mechanization. Technological Advancement is expected to provide growth opportunities in Global Farm Tractors Market.

Global Farm Tractors Market: Design type

By Design type, Global Farm Tractors Market segmented into Tractor without CAB and Tractor with CAB. The is dominating the global farm tractors market, Asia Pacific region is showing high demand for tractor without CAB, owing to ease of use it provides. The tractor with CAB is also getting popular as it provides protection and some tractor comes with air condition facility driving the growth tractor with CAB.

Global Farm Tractors Market1

Global Farm Tractors Market: Drivers

Global Farm Tractors Market2

Global Farm Tractors Market: Regional Overview

By Design type, Global Farm Tractors Market is segmented into regions Asia Pacific, North America, Europe, South America and Middle East & Africa. Asia Pacific holds the largest share in Global Farm Tractors Market over 65% of total volume. The region is showing increase in demand for tractors in developing countries, such as India and China. In India, tractors are playing vital role in growth of agricultural output. The average tractor sale in India ranges from 600 Thousand to 700 thousand units annually. Moreover, India is major tractor manufacturer as per Deere & Company most of U.S. tractors are manufactured in India, around 30% of tractors export is manufactured in India. Asia Pacific region market is expected to continuously grow in forecasted period.

The report also helps in understanding Farm Tractors Market dynamics, structure by analyzing the market segments and projects the Farm Tractors Market size. Clear representation of competitive analysis of key players by Supply Chain, price, financial position, Product portfolio, growth strategies, and regional presence in the Farm Tractors Market make the report investor’s guide.
Scope of the Farm Tractors Market

Farm Tractors Market, By Power Output

• <30 hp • 31hp -150hp • 151hp-250hp • >250hp
Farm Tractors Market, By Drive Type

• Two-wheel drive
• Four-wheel drive
Farm Tractors Market, By System Type

• Without loaders
• Front loaders
• Backhoe loaders
Farm Tractors Market, By Design Type

• Tractor without CAB
• Tractor with CAB
Farm Tractors Market, by Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in Farm Tractors Market

• Claas KGaA mbH
• CNH Industrial N.V.
• AGCO Corporation
• Mahindra & Mahindra Ltd.
• Deere & Company
• Kubota Corporation
• Yanmar Co., Ltd.
• Tractors and Farm Equipment Limited
• Zetor Tractors A.S.
• Alamo Group, Inc.
• STEYR
• New Holland Agriculture
• Antonio Carraro
• Argo Tractors S.p.A.
• Changzhou Dongfeng Agricultural Machinery Group Co. Ltd.
• CLAAS KGaA mbH
• Steyr Landmaschinentechnik AG
• Daedong-USA, Inc. KIOTI Tractor Division
• Escorts Group
• Force Motors Ltd.
• Indo Farm Equipment Limited.
• Iseki & Co. Ltd
• Kubota Corporation
• Mahindra and Mahindra Ltd.
• Pronar Sp. z o.o.
• SDF S.p.A.
• Sonalika International Tractors Ltd.
• Tractors and Farm Equipment Ltd. (TAFE)
• Traktorenwerk Lindner GmbH

 

For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-farm-tractors-market/79236/

 This Report Is Submitted By: Maximize Market Research Company

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